Budget and Schedule Development

The budget of a proposed project goes hand-in-hand with its schedule. In order to finish on or under budget, the project must move along in the time frame allotted. This is where adept project management is vital. Many factors can impact the budget and schedule of a building project, including the unexpected:

• Worker injury or illness.
• Inclement weather.
• Delays in inspections or delivery of materials.
• Mistakes in material ordering.
• Community dissent.

Even one of these unexpected occurrences can throw budget and schedule development off and eat through the budget before completion. That’s why preparation is important. All the steps leading up to the build help to alleviate many of these possibilities. Acquiring the right permissions and inspections, conducting the feasibility report and acting on its findings, building the 3D model and working closely with the interior building designer all help move a project along to its completion without unnecessary mishap or hold-ups.